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Commercial Bank of Ethiopia

Controversies

Controversies tied to this brand in public sources. A listing is not a finding of fault.

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  1. 2024

    Digital banking and account-balance incident

    In March 2024, reports alleged that a systems vulnerability allowed some users to transfer funds beyond their available balances and withdraw money through ATMs without matching deposits. CBE acknowledged disruption to branch and digital systems but disputed aspects of the social-media narrative.